Tag: People

Britishvolt secures £40m investment for electric vehicle battery factory

Britishvolt secures £40m investment for electric vehicle battery factory Startup to be based near Blyth is regarded as key to prospects for the UK’s automotive industry Peter Rolton, Britishvolt’s executive chairman, shows a billboard at the site of the company’s planned battery plant in the former industrial town of Blyth in Northumberland. Photograph: Nick Carey/Reuters… Continue reading Britishvolt secures £40m investment for electric vehicle battery factory

DENSO to Take Minority Stake in JASM

KARIYA, Japan, Feb. 15, 2022 /PRNewswire/ — TSMC (TWSE: 2330,NYSE: TSM), Sony Semiconductor Solutions Corporation (“SSS”) and DENSO Corporation (“DENSO”) today announced that DENSO will take a minority stake in Japan Advanced Semiconductor Manufacturing, Inc. (“JASM”), TSMC’s majority-owned manufacturing subsidiary in Kumamoto Prefecture, Japan with a US$0.35 billion investment. With this equity investment, DENSO will… Continue reading DENSO to Take Minority Stake in JASM

@Ford: Ford to Webcast Fireside Chats with Company Leaders on Feb. 23 & Feb. 24

About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams.  The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford to Webcast Fireside Chats with Company Leaders on Feb. 23 & Feb. 24

BorgWarner’s All-New 800-Volt Integrated Electric Drive Module Drives Leading Chinese NEV Brands Forward

– 800-Volt integrated drive module (iDM) features high-voltage silicon carbide inverter – The new highly integrated and efficient iDM220 delivers superior performance – Enables global automakers to produce cleaner, more efficient vehicles AUBURN HILLS, Mich., Feb. 15, 2022 /PRNewswire/ — BorgWarner has secured a contract with a Chinese luxury new energy vehicle (NEV) brand to… Continue reading BorgWarner’s All-New 800-Volt Integrated Electric Drive Module Drives Leading Chinese NEV Brands Forward

Mundimoto raises $22.6M to expand online used motorcycle platform into Europe

Mundimoto, an online motorcycle buying and selling startup, has raised $22.6 million (€20 million) to expand its platform beyond its home country of Spain and into Europe, starting with Italy and Holland. The company plans to hire 50 engineers and 250 new employees to advance the technology product and support international expansion. The round was… Continue reading Mundimoto raises $22.6M to expand online used motorcycle platform into Europe

NIO Inc. (NIO) Dips More Than Broader Markets: What You Should Know

NIO Inc. (NIO) closed the most recent trading day at $23.79, moving -1.29% from the previous trading session. This change lagged the S&P 500’s daily loss of 0.38%. Elsewhere, the Dow lost 0.5%, while the tech-heavy Nasdaq lost 0.05%. Prior to today’s trading, shares of the company had lost 22.13% over the past month. This… Continue reading NIO Inc. (NIO) Dips More Than Broader Markets: What You Should Know

Daimler Truck adopts Siemens’ Xcelerator to shape the future of CO2-neutral transport

Daimler Truck plans to use Simcenter STAR-CCM+ to improve aerodynamic performance, as well as explore and optimize innovative e-mobility propulsion and energy management systems including battery cooling and hydrogen technology. The software will also help support legacy combustion engine and exhaust system design and associated CO2 reduction. In addition to software, Siemens and Daimler Truck… Continue reading Daimler Truck adopts Siemens’ Xcelerator to shape the future of CO2-neutral transport

BorgWarner to Provide Leading Chinese OEM with 800V SiC Inverters

AUBURN HILLS, Mich., Feb. 15, 2022 /PRNewswire/ — BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions to the vehicle market, is empowering a leading Chinese original equipment manufacturer (OEM) to launch a new, high-end battery electric vehicle (BEV) platform by providing its 800V silicon carbide (SiC) inverters. The inverters will be featured on… Continue reading BorgWarner to Provide Leading Chinese OEM with 800V SiC Inverters